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. >> because federal law doesn't give them the jurisdiction to find out. >> that story and more when 60 minutes on cnbc returns. [ticking] ♪ [ construction sounds ] ♪ [ watch ticking ] [ engine revs ] come in. ♪ got the coffee. that was fast. we're outta here. ♪ [ engine revs ] ♪ governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. whatever your business challenge, extra curricular activities help provide a sense of identity and a path to success. joining the soccer team. getting help with math. going to prom. i want
. >> because federal law doesn't give them the jurisdiction to find out. >> that story and more when 60 minutes on cnbc returns. [ticking] ♪ [ construction sounds ] ♪ [ watch ticking ] [ engine revs ] come in. ♪ got the coffee. that was fast. we're outta here. ♪ [ engine revs ] ♪ governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a...
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Oct 4, 2012
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>> reporter: tyler, by law, today is the last date that candidates can campaign here today in venezuela. a huge rally. a pro-president hugo chavez rally is scheduled for right here in the capital, caracas, later today. supporters of president chavez say they believe the future of of this oil rich country is best left to president chavez's control. at 58 years old he's been a power here for 14 years. the opposition at 40 years old, young, energetic, some say a sexy candidate who believes the oil wealth here has been squandered. his promise to re-invest in the neglected oil infrastructure in this country to get more oil to market. of course, if that oil draws so much of the u.s. interest, opec estimates venezuela has the largest reserves of oil in the world. the country is currently the fourth largest supplier of oil to the united states. but experts say the industry which was nationalized under chavez has been neglected. maintenance issues and lack of investment explain why the oil output here has actually dropped 30% in the last decade. punctuating the problem db president chavez which
>> reporter: tyler, by law, today is the last date that candidates can campaign here today in venezuela. a huge rally. a pro-president hugo chavez rally is scheduled for right here in the capital, caracas, later today. supporters of president chavez say they believe the future of of this oil rich country is best left to president chavez's control. at 58 years old he's been a power here for 14 years. the opposition at 40 years old, young, energetic, some say a sexy candidate who believes...
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the president's landmark health care law may still come back to the high court. peter barnes is in d.c. with all the latest. >> reporter: well, the court issued an order today about a case called liberty university versus a geithner, secretary of the treasury. kind of under the radar. and now this case was a direct challenge to obamacare a couple of years ago. liberty university was one of the first organizations to file suit to try to stop it. a court of appeals shot down the case because of the anti in junction act of 1867. remember that? we talked about it at nauseam. the law that was passed after the civil war this said that a taxpayer cannot sue the government over any tax. in june even though the court upheld obamacare on a regular tax law, the high court ruled in part that the anti injunction act did not prohibit lawsuits against obamacare. did not prohibit them. so guess what. liberty, refiled for a rehearing with the court of appeals. the administration has 30 days under the order issued today to argue why this should not be a rehearing at the court of a
the president's landmark health care law may still come back to the high court. peter barnes is in d.c. with all the latest. >> reporter: well, the court issued an order today about a case called liberty university versus a geithner, secretary of the treasury. kind of under the radar. and now this case was a direct challenge to obamacare a couple of years ago. liberty university was one of the first organizations to file suit to try to stop it. a court of appeals shot down the case...
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sorry to my brother and sister-in-law. sport for the spectator. mandy, they teach you how to watch sports apparently. >> how to be a spectator. things like football, basketball, baseball, golf, tennis, ice hockey, whatever. like kangaroo racing. curling. you name it, it's there. [ male announcer ] for the saver, and a big first step. for the spender who needs a little help saving. for adding "& sons." for the dreamer, planning an early escape. for the mother of the bride. for whoever you are, for whatever you're trying to achieve, pnc has technology, guidance, and over 150 years of experience to help you get there. ♪ to help you get there. syou know, i've helped a lot off people save a lot of money. but today...( sfx: loud noise of large metal object hitting the ground) things have been a little strange. (sfx: sound of piano smashing) roadrunner: meep meep. meep meep? (sfx: loud thud sound) what a strange place. geico®. fifteen minutes could save you fifteen percent or more on car insurance. when you take a closer look... ...at the best schools
sorry to my brother and sister-in-law. sport for the spectator. mandy, they teach you how to watch sports apparently. >> how to be a spectator. things like football, basketball, baseball, golf, tennis, ice hockey, whatever. like kangaroo racing. curling. you name it, it's there. [ male announcer ] for the saver, and a big first step. for the spender who needs a little help saving. for adding "& sons." for the dreamer, planning an early escape. for the mother of the bride....
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Oct 9, 2012
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the government there saying it will likely pass a law forcing banks to reduce the amount owed on mortgages. are we in the same spot in joining us with the president of team investments, tanya macyo. and new face to cnbc, welcome the u.s. economiest at b and b par rag way. good to have you on the show. thank you very much. like to get to you, first of all, you do not believe in further u.s. government intervention in the housing market but do believe putting the onus on the banks. >> i absolutely do the taxpayers billed out the bank $14 trillion. the banks are sitting on $1.64 trillion of reserves. i think it's time that the banks taken responsibility and truly help the homeowners that should be helped. not every homeowner should you can helped. truly upside down and can't afford their home, better to short sale, get out, foreclose, doesn't matter, get out of that bad situation, but people that are in their homes, that principal reduction could truly help and not only will it help the homeowner, it will truly help economy and act like a stimulus package. >> yelena, do you believe as well it
the government there saying it will likely pass a law forcing banks to reduce the amount owed on mortgages. are we in the same spot in joining us with the president of team investments, tanya macyo. and new face to cnbc, welcome the u.s. economiest at b and b par rag way. good to have you on the show. thank you very much. like to get to you, first of all, you do not believe in further u.s. government intervention in the housing market but do believe putting the onus on the banks. >> i...
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but that's already the law. and that doesn't help the millions of people out there with pre-existing conditions. there's a reason why governor romney set up the plan that he did in massachusetts. it wasn't a government takeover of health care. it was the largest expansion of private insurance. but what it does say is that insurers, you have to take everybody. now, that also means that you've got more customers. but when governor romney says that he'll replace it with something but can't detail how it will be, in fact, replaced and the reason he set up the system he did in massachusetts is because there isn't a better way of dealing with pre-existing conditions. it just reminds me of, you know, he says he's going to close deductions and loopholes for his tax plan. that's how it's going to be paid for. we don't know the details. he says that he's going to replace dodd/frank, wall street reform. we don't know exactly which ones. he won't tell us. he now says he's going to replace obama care and assure us all the go
but that's already the law. and that doesn't help the millions of people out there with pre-existing conditions. there's a reason why governor romney set up the plan that he did in massachusetts. it wasn't a government takeover of health care. it was the largest expansion of private insurance. but what it does say is that insurers, you have to take everybody. now, that also means that you've got more customers. but when governor romney says that he'll replace it with something but can't detail...
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federal law is pretty good law. most american business people respect and feel comfortable with texas commercial law. many hondurans felt comfortable. separate. the red -- they have to figure out where that is, but it's a good brand globally for business and it will help attract significant capital to the project. john: so you have this area, 150 miles from where you are now in the capitol, and some left-wing activist in honduras say you're going to steal land from a honduran tried. >> that is simply a misunderstanding. there was an earlier version of the project which was near the region where there have been problems with various people taking land from indigenous tribes. we have absolutely nothing to do with that. hundreds of kilometers away. as a matter of principle we are buying the land, options on land from private landowners to have clear titles to sell at market prices for. john: americans are going to go there and say, i want to open a factory? >> they will. our goal is to the hell -- help the most custome
federal law is pretty good law. most american business people respect and feel comfortable with texas commercial law. many hondurans felt comfortable. separate. the red -- they have to figure out where that is, but it's a good brand globally for business and it will help attract significant capital to the project. john: so you have this area, 150 miles from where you are now in the capitol, and some left-wing activist in honduras say you're going to steal land from a honduran tried. >>...
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it's law that just makes sense. chances are, you're not made of and seemoney,ourself. so don't overpay for motorcycle insurance. geico, see how much you could save. ♪ gerri: the gas price shock continues. the golden state, fuel prices have jumped more than $0.55 reaching historic highs. the average price for a gallon of regular unleaded is at $4.67 compared to the national average of $3.82. he's going to rental car lots. what is the reason prices are so high? let's ask robert price, senior fellow at the manhattan institute. always a pleasure. what is going on? >> well, and no word, it is balkanization. the problem is that california as a bookkeeper in the fuel that is unique to california. and there was a refinery outage and because of that limited pool of gasoline that is only to be used in california, prices are soaring, and the problem is not unique necessarily california, but it is being hit very hard because of this boutique blend of gasoline. gerri: let's break this down starting with the refineries. the ref
it's law that just makes sense. chances are, you're not made of and seemoney,ourself. so don't overpay for motorcycle insurance. geico, see how much you could save. ♪ gerri: the gas price shock continues. the golden state, fuel prices have jumped more than $0.55 reaching historic highs. the average price for a gallon of regular unleaded is at $4.67 compared to the national average of $3.82. he's going to rental car lots. what is the reason prices are so high? let's ask robert price, senior...
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is the white house trying to hide from its biggest new law? answers are coming up next. gerri: there is one missing word from the obama campaign during this race. it is obamacare. but why is the president running from legislation that he desperately push for. with more on this, kimberly stossel, welcome to the show. it is weird that what is supposed to be the signature legislation of the president is nowhere in his statement. when you make of that? >> i have heard you just mentioned, and it is true, that more than half of americans disapprove of the law. it's a thicker visions are even more unpopular, it seems like the individual mandate, things like taxes on medical devices, so what you see the white house doing, they don't want to talk about this. what you see them doing is very few provisions in the bill that remain somewhat popular out there. republicans have kind of let them get away with that. gerri: they are both strange bedfellows. they came together to get obamacare put in place. recently, you talked about aarp, but i don't know about you, but you see them take
is the white house trying to hide from its biggest new law? answers are coming up next. gerri: there is one missing word from the obama campaign during this race. it is obamacare. but why is the president running from legislation that he desperately push for. with more on this, kimberly stossel, welcome to the show. it is weird that what is supposed to be the signature legislation of the president is nowhere in his statement. when you make of that? >> i have heard you just mentioned, and...
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how is the health care law affecting patients? >> i think that is the key question. that is we've got a $15 trillion economy with almost $16 trillion in debt. $2.4 trillion and fastest growing segment is health care. grau 8.4%, four times gdp growth rate. no consumer knows how to buy health care or price it. if we're going to be successful and economy has 70% of the it based on consumers driving pricing and value we'll have to educate consumers how to buy it. today the wrong people pay for it and wrong people buy it. businesses pay for it, government pays for it and insurance companies buy it. we have no consumer engaged in the game to understand value. david: you know what milton friedman used to say? the best way to find a price for something take out the middleman. you have the service provider and service resee every, did receiver, those two make a deal. we have so many middlemen including much bigger government proehl than we ever had before. >> this was started by medicare in '65, incented every hospital or provider to establish their own costs for the very sam
how is the health care law affecting patients? >> i think that is the key question. that is we've got a $15 trillion economy with almost $16 trillion in debt. $2.4 trillion and fastest growing segment is health care. grau 8.4%, four times gdp growth rate. no consumer knows how to buy health care or price it. if we're going to be successful and economy has 70% of the it based on consumers driving pricing and value we'll have to educate consumers how to buy it. today the wrong people pay...
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the anti is law movie is banned in other countries. what about your? answers next. 4g lte has the fastest speeds. so let's talk about coverage. based on this chart, who would you choose ? wow. you guys take a minute. zon, hands down. i'm going to show you guys another chart. pretty obvious. i don't think color matters. pretty obvious. what'sretty obvious about it ? that verizon has the coverage. verizon. verizon. we're going to go to another chart. it doesn't really matter how you present it. it doesn't matter how you present it. verizon. more 4g lte coverage than all other networks combined. lori: freedom of speech under fire. one man's video, world leaders up in arms a lori: outrage across the world with his entire islam you to video under arrest. could face up to three years behind bars for allegedly violating his parole and lying about his involvement in the film. this as global leaders feared nuys the very notion of free speech. joining me now. great to see you. first, the filmmaker. and so let you know how to pronounce his name. >> that's why he
the anti is law movie is banned in other countries. what about your? answers next. 4g lte has the fastest speeds. so let's talk about coverage. based on this chart, who would you choose ? wow. you guys take a minute. zon, hands down. i'm going to show you guys another chart. pretty obvious. i don't think color matters. pretty obvious. what'sretty obvious about it ? that verizon has the coverage. verizon. verizon. we're going to go to another chart. it doesn't really matter how you present it....
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then they had to go to an equity law firm. this is encouraging to me. i would think this actual bailout is one that says, we are now past, the pig is much further along. you don't want a python swallowing a pig, but it's going to follow it when it is finished. >> words to live by, jim. words to live by. >> i think about that often, actually. >> we just listened to an incredible hour of television on "squawk box" with zell talking about what he's seen in the economy, talking more about corporate i.t. upgrade cycles. here's what zell said not too long ago. >> nobody wants to make commitment to be on tomorrow. we run a company that does a lot of corporate enterprising installations. and one of their triggers is when the enterprise projects start getting delayed, we are heading for a recession. and that's exactly what you're looking at right now. >> when the enterprise project starts getting delayed, we are heading for a recession. that collides with the calls we are seeing regarding cisco right now. jim, channel checks going on? >> cisco, morgan stanley pu
then they had to go to an equity law firm. this is encouraging to me. i would think this actual bailout is one that says, we are now past, the pig is much further along. you don't want a python swallowing a pig, but it's going to follow it when it is finished. >> words to live by, jim. words to live by. >> i think about that often, actually. >> we just listened to an incredible hour of television on "squawk box" with zell talking about what he's seen in the economy,...
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if they want their businesses to have fair trade pursuant to international law, let's have free trade. it's not just the cyber area, but car manufacturing parts and auto parts, in steel. china's rhetoric is just rhetoric as far as i'm concerned. we have to be concerned about the free trade. we will not let them come into our country with their businesses to get information from our citizens, company or individual. thars way we are doing. we want to let our citizens know ahead of time before this occurs than after the fact. we need to learn what happened from 9/11. gerri: sounded a loud siren this weekend on $60 minutes," and on monday with your reports. thanks for coming on. come back and talk more about it. we are all worried. congressman, thank you very much. >> thank you. gerri: home prices back to 2006 levels, we'll have the numbers, and is obama and company traveling the country saying gm is alive and bin laden is dead. think twice before counting al-qaeda out just yet. stay with us. gerri: nearly one month since the deadly consulate attack, and president obama declarings al al-q
if they want their businesses to have fair trade pursuant to international law, let's have free trade. it's not just the cyber area, but car manufacturing parts and auto parts, in steel. china's rhetoric is just rhetoric as far as i'm concerned. we have to be concerned about the free trade. we will not let them come into our country with their businesses to get information from our citizens, company or individual. thars way we are doing. we want to let our citizens know ahead of time before...
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laws. it is likely to become fodder for the u.s. presidential campaign, and there was a big piece -- >> on "60 minutes" and "wall street journal" and chavez won. >> apparently this is just a rumor, the bls the entire of bureau labor statistics from here was flown down to venezuela to monitor the election. >> the chicago guys were thrown down. >> ba-dum-boom. let's get to the story, the venezuelan president hugo chavez as joe was just saying -- >> 54-45. >> comfortable election victory that could extend his rule to 20 years. the next election isn't officially for six years but you had tens of thousands of ecstatic supporters flooding the streets around the presidential palace in downtown caracas, pumped their fists in the air and started shouting chavez's name. enrique capriles, he was beat by more than nine points. it will extend a wave of nationalizations and continue his support for left wing allies. we've heard how important this is for cuba, he has billions at his fingertips because of the oil produced there. this is the country
laws. it is likely to become fodder for the u.s. presidential campaign, and there was a big piece -- >> on "60 minutes" and "wall street journal" and chavez won. >> apparently this is just a rumor, the bls the entire of bureau labor statistics from here was flown down to venezuela to monitor the election. >> the chicago guys were thrown down. >> ba-dum-boom. let's get to the story, the venezuelan president hugo chavez as joe was just saying --...
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the reality is, it isn't new laws. it's using the executive branch to legislate by fear or by threat. you don't need a law. in effect the epa is doing stuff all over the place. the nlra is doing stuff that's not sanctioned by any law. it's a political decision and it's extraordinarily negative to our country and our economy. >> "the journal" did you read the lead editorial today how razor thin the obama care vote really was. we know scott brown they had to do reconciliation after he won. gym webb fairly won, al franken sort of harvested the boats to beat norm coleman. those made a difference. evan bayh and jim weber saying we wish we hadn't taken 20% of the economy with no republican votes and legislated the most unpopular bill in history that's still unpopular and really poisoned the whole political atmosphere, at the same time you weren't trying to add jobs. it was almost an impediment to adding jobs. >> using reconciliation process on prapts the most important piece of legislation in the last 20 years, it is basical
the reality is, it isn't new laws. it's using the executive branch to legislate by fear or by threat. you don't need a law. in effect the epa is doing stuff all over the place. the nlra is doing stuff that's not sanctioned by any law. it's a political decision and it's extraordinarily negative to our country and our economy. >> "the journal" did you read the lead editorial today how razor thin the obama care vote really was. we know scott brown they had to do reconciliation...
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have they told you what laws it is they think you are violating? >> we have seen nothing from them. they have never mentioned any of these things in 11 months of conversation. we do know that last week there were a flurry of phone calls from the committee staffers to former and current huawei employees asking them lists of questions, begging to get some sort of information. we assume that it was that last minute flurry of phone calls that produced this, these allegations but we haven't seen them because the committee hasn't chosen to share them. david: bill plumber, from huawei. appreciate you coming in to answer charges. the concerns are real but again the substance has not been fleshed out in this committee report. i have to give you, give you your say on that. please come back and talk to us again as we get more details, would you?. >> absolutely. thank you very much. liz: you're welcome. that was an important story. we saw it. big competitors out there like cisco and the question becomes what is really behind this and driving it? we're watching closely, we need security but we d
have they told you what laws it is they think you are violating? >> we have seen nothing from them. they have never mentioned any of these things in 11 months of conversation. we do know that last week there were a flurry of phone calls from the committee staffers to former and current huawei employees asking them lists of questions, begging to get some sort of information. we assume that it was that last minute flurry of phone calls that produced this, these allegations but we haven't...
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computer systems should not include any components made by these companies and they may have violated some laws. how important is this, dave? >> it's important. chairman rogers was an important component of the piece we did early this month that was on chinese cyber espionage. it focused on huawei. a company discovered the chinese were in their system, nortel. they went out of business. some claim it's because of huawei. chairman rogers is trying to raise the alarm on this. i can only tell you from firsthand experience, so many ceos of fortunate 500 companies who would not come on the program that we did a number of months ago because they fear for their business in china have admitted to me face to face that their firewalls had been breached by the chinese, that they'd been informed of that by the fbi. and so by doing this, chairman rogers simply is able to raise a larger awareness of it. as for the huawei allegation, we'll see. we haven't seen the report yet and the specifics. >> the reason why the issue has been treated with -- this has been going on over the course of a decade at least. it'
computer systems should not include any components made by these companies and they may have violated some laws. how important is this, dave? >> it's important. chairman rogers was an important component of the piece we did early this month that was on chinese cyber espionage. it focused on huawei. a company discovered the chinese were in their system, nortel. they went out of business. some claim it's because of huawei. chairman rogers is trying to raise the alarm on this. i can only...
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it is part of the law. what about the law? the kudlow caucus debate is up next. why the pink slips haven't gone out because of the defense cuts. if we want to improve our schools... ...what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ...nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. [ feedback ] attention, well, everyone. you can now try snapshot from progressive free for 30 days. just plug this into your car, and your good driving can save you up to 30%. you could even try it without switching your insurance. why not give it a shot? carry on. now you can test-drive snapshot before you switch. visit progressive.com today. >>> our kudlow caucus is still with us. i don't think i said that before. i apologize as always. let me begin with you on this point. the defense contract. i go to you because you are from virginia. they are going to get killed by the bu
it is part of the law. what about the law? the kudlow caucus debate is up next. why the pink slips haven't gone out because of the defense cuts. if we want to improve our schools... ...what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ...nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. [...
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it's law that just makes sense. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >> president obama says encouraging job report shows the country made too much progress to turn back now. do you believe the numbers? here's what you are posting on the show's facebook page. june says, no, i think it's ever so convenient that the numbers they put out are good right after an ever so poor debate performance. another says, if you believe the numbe
it's law that just makes sense. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or...
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that it is really about public employee unions because the private unions are protected by federal law, but what this question is on the ballot is basically saying that the rights of collective bargaining apply to all public employees, so let's take it one step further. what it really means is when it comes to michigan and the state government's ability to say, look, foodservice in the schools will be handled by private companies, bus transportation handled by private companies, what you're looking at is 2 to $3 billion in additional costs onto the state government in michigan calling collective bargaining a state protected right for state union employees, and so number one, this is a huge issue for the state of michigan. it is big for the governor. i think that if you look at what's happened in wisconsin, you're going to see hopefully the same level of success over in michigan. people understand that while we're -- >> we're a little short on time. i hate to cut you off here. there is going to be interesting questions at this week's debate and i would like to have you back next week to
that it is really about public employee unions because the private unions are protected by federal law, but what this question is on the ballot is basically saying that the rights of collective bargaining apply to all public employees, so let's take it one step further. what it really means is when it comes to michigan and the state government's ability to say, look, foodservice in the schools will be handled by private companies, bus transportation handled by private companies, what you're...
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to have a charter school law. we've only got about -- >> charter school law that says what in. >> that charter schools are allowed. we have ten states where you can't have a charter school, you can only have public schools, the standard. >> but the money we throw with at education, with what we spend if you did it the right way. >> we spend way more than anybody else. one of my sideline activities is running a charter school system out of arizona, we just opened our first school in washington, d.c., school name is basis. we've got two other top high schools in the u.s. in a ten-year-old charter school system. it's possible to do it. we don't hire teachers, we hire content experts for the classroom, we put some degree of tension in the classroom. we have international expectations. kids, we were all kids once, kids jump as high as you ask them to jump, and the basic problem in our education system is we set the bar so deangelo they don't have to work to get over it. >> put tension in the classroom? >> you pay teach
to have a charter school law. we've only got about -- >> charter school law that says what in. >> that charter schools are allowed. we have ten states where you can't have a charter school, you can only have public schools, the standard. >> but the money we throw with at education, with what we spend if you did it the right way. >> we spend way more than anybody else. one of my sideline activities is running a charter school system out of arizona, we just opened our...
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reporter: because the chinese law allows them to provide access to information they obtain, lawmakers are urging them to stop doing business with them. >> only look at what is at stake and what critical infrastructure we would open up to the very threat of both cyberespionage and potential cyberattack, if her adversary so desires, we can come to no other conclusion. reporter: it has played out against the backdrop against china's misbehavior. >> we will crack down on china, they cheat him to have stolen our jobs, we have brought more trade cases against china in one term than the previous administration did in two. reporter: roger says the investigation also uncovered information that could lead to several criminal charges, including a significant bribery case that will be handed over to the fbi on tuesday. lou: shannon, this is remarkable. this report, the 60 minutes piece last night, it is really a compelling story. but it does look to be peculiar in its timing, given the presidential election as it approaches and the fact that we have such a expensive relationship with china. what
reporter: because the chinese law allows them to provide access to information they obtain, lawmakers are urging them to stop doing business with them. >> only look at what is at stake and what critical infrastructure we would open up to the very threat of both cyberespionage and potential cyberattack, if her adversary so desires, we can come to no other conclusion. reporter: it has played out against the backdrop against china's misbehavior. >> we will crack down on china, they...
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tell me why you surrendered your law license in illinois and why did your wife surrender her license in illinois. let us know why. you're running for the presidency. you don't have a private life anymore. it's gone. you made that decision when you said i'm running for president. what i'm saying is, we know one thing about mitt romney. he's got 25 years of solid business experience, most of which has been very successful. and he's a decent man. by the way i'll say it again. i'm going to feel very good when this man is president in january because he's going to make, i believe he'll bite the bullet, nigel. i really believe this guy -- >> nigel, you were there for gordon brown. what was that like for you? >> well, he was a man, it was awful really, not only -- >> scars. >> i want this guy on the show every time. >> not only did he sell 400 metric tons of gold at an average price of $258 an ounce, we can all make bad calls. what he did he announced to the markets the 17 days on which he was going to sell the gold and the quantities. i mean, we just had a moron in charge. it was disastrou
tell me why you surrendered your law license in illinois and why did your wife surrender her license in illinois. let us know why. you're running for the presidency. you don't have a private life anymore. it's gone. you made that decision when you said i'm running for president. what i'm saying is, we know one thing about mitt romney. he's got 25 years of solid business experience, most of which has been very successful. and he's a decent man. by the way i'll say it again. i'm going to feel...
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this new law doesn't change that. it makes the process a bit tougher. parents will have to talk to a licensed healthcare practitioner and get a signature first. >> we want them to get the real facts rather than things they hear from internet or friends and family without hearing both sides of the story. >> reporter: the director of the department of pediatrics at valley medical center is surprised, at the last moment governor brown anded a religious exemption. parents with religious beliefs ruling out vaccinations don't have to jump through this hoop. >> perhaps with this new exception added to it, the bill won't be as effective. >> reporter: even so this new mom thinks it's a good idea. >> your relationship with your pediatrician is a partnership. >> reporter: dr. kim mulvihill, cbs 5, healthwatch. >>> from stanford university researchers say a virus may be able to stop an aggressive form of breast cancer. the research involved adding a tumor fighting protein to a harmless smallpox-type virus and giving it to mice with triple negative breast cancer. fu
this new law doesn't change that. it makes the process a bit tougher. parents will have to talk to a licensed healthcare practitioner and get a signature first. >> we want them to get the real facts rather than things they hear from internet or friends and family without hearing both sides of the story. >> reporter: the director of the department of pediatrics at valley medical center is surprised, at the last moment governor brown anded a religious exemption. parents with religious...
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. >> is there a china law in this country? a china lobby saying stay away from them because we need them so badly? >> i don't know. >> a lot of companies need to sell to china. the last thing they want to do, i don't think they want to hear about a trade war, given they own so many kentucky fried chickens in china. >> there's a trillion dollars in treasury bonds pretty strong lobbying. >> that's true. that's true. >> i think you're right. the main thing about china is it is more complicated that it seems. >> finally, a couple interesting notes on banks, david, the makenzie report saying the business model will provide sustainable profits and there's a poll of bankser who believe their numbers will get better, not worse. >> optimism never dies when it comes to people's pay. you look around them to see everything falling down but i was a star. i served to get paid well. we talked a lot about it. i think when you talk to the executives who run many of the global institutions, it is coming down in a true way. it's a seminole chang
. >> is there a china law in this country? a china lobby saying stay away from them because we need them so badly? >> i don't know. >> a lot of companies need to sell to china. the last thing they want to do, i don't think they want to hear about a trade war, given they own so many kentucky fried chickens in china. >> there's a trillion dollars in treasury bonds pretty strong lobbying. >> that's true. that's true. >> i think you're right. the main thing about...
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. >> and jennifer ruber and stephen law. jen, i go to you first. really, if you can't cut a little pbs, what can you you cut. this is going to kill obama. >> it drives people back to that debate. rox knee couldn't get a better person to run. and i think they are convinced that they can still. destroy romney. i don't think that is possible after 70 million people see it directly and make an assessment of this guy. and they have another week before the presidential debate while public opinion sets in. he is pumped up and i'll have it written up tomorrow. he sounds poised and focused and i think the president is in a little bit of trouble. >> first of all, saesame street wants the add pulled and third of all, the thing that troubles me, he will not face the press. not once after the bengazi ca tr catastrophy. >> as far as big bird, it was fun and it made a good point. if more children had been educated by that program in their early years. i think the add is over the top in many ways and plus, if you are going to do it, get it first. but look, i agree
. >> and jennifer ruber and stephen law. jen, i go to you first. really, if you can't cut a little pbs, what can you you cut. this is going to kill obama. >> it drives people back to that debate. rox knee couldn't get a better person to run. and i think they are convinced that they can still. destroy romney. i don't think that is possible after 70 million people see it directly and make an assessment of this guy. and they have another week before the presidential debate while public...
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but nothing like the law of unintended csequences. how lawyers are cashing in on the rise of the new consumer financial protection bureau. do you ever have too much money? apparently lawyers don't. ♪ ♪ . melissa: so you know what they say. you have to be in it to win it but skiddish investors are yanking big bucks out of u.s. equity markets and the volume at online discount trading firms like trade, tumbled 37% in august from last year. that is not month over month. that is year-over-year. so what does it signal when everyday shareholders like you are taking their money and running for the lls? with me, scott martin, chief market strategist at united advisors. scott, thanks for coming back on the show. was really shocked by this stat. would be one thing if it was august compared to july, oh, everyone is on vacation but this is year-over-year. >> i thought so too. until you read the stat i figured month over month, no big deal because the stock market volume dropped off in accordance. year-over-year is pretty perplexing. especially
but nothing like the law of unintended csequences. how lawyers are cashing in on the rise of the new consumer financial protection bureau. do you ever have too much money? apparently lawyers don't. ♪ ♪ . melissa: so you know what they say. you have to be in it to win it but skiddish investors are yanking big bucks out of u.s. equity markets and the volume at online discount trading firms like trade, tumbled 37% in august from last year. that is not month over month. that is year-over-year....
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they're ignoring federal law. they're supposed to have military voter registration on federal bases and they're just not doing it. and it's leading to what we think are going to be record lows in military rovoter turnou by as great as 70% dips in key states like virginia and ohio. >> if i were a cynic, if i were a cynic i would say this is because polls show 60% of military voters vote republican. now, would i be too cynical? >> you know, who knows? but what really matters is it doesn't matter how they vote, it matters that they vote. and this is clearly frustrating their right, their opportunity, to be able to cast a ballot this election year. and the pentagon frankly seems not to care very much. the pentagon's response is, well, let's wait until after the election and see how things turn out. and after the election it's simply too late. we've got to make their that service members can cast a ballot. that's why congress gave pentagon marching orders two years ago, now three years ago and the pentagon is just refu
they're ignoring federal law. they're supposed to have military voter registration on federal bases and they're just not doing it. and it's leading to what we think are going to be record lows in military rovoter turnou by as great as 70% dips in key states like virginia and ohio. >> if i were a cynic, if i were a cynic i would say this is because polls show 60% of military voters vote republican. now, would i be too cynical? >> you know, who knows? but what really matters is it...
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i have to deal with law as it is now. the law says we have a fund a certain amount for retirements and for, for retiree health benefits. we're fully funded on retirements. we're overfunded by $11 billion in one of our accounts. we're trying to fund retiree health benefits, promises to your point made to people and that is part of what we're looking to do to make the law change. melissa: you have to cut labor costs. that is point three. 80% of the your cost is labor. you have to eliminate something like 100,000 people. are you going to be able to do that? >> we, in the year 2000, we had 800,000 people on the rolls. today we have 528,000. we already reduced the headcount by about 35 thousand people. we done it through attrition and done it maintaining infrastructure. same number of post office, five days of delivery. our people are much more product they have than they were today. our goal is to get to 400,000. you get 400,000. that is a five-day delivery. that pulls the costs down, makes us profitable and helps to us contr
i have to deal with law as it is now. the law says we have a fund a certain amount for retirements and for, for retiree health benefits. we're fully funded on retirements. we're overfunded by $11 billion in one of our accounts. we're trying to fund retiree health benefits, promises to your point made to people and that is part of what we're looking to do to make the law change. melissa: you have to cut labor costs. that is point three. 80% of the your cost is labor. you have to eliminate...
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. >>> october 3rd, 2008, the emergency economic stabilization act became law. it created the $700 billion t.a.r.p. program. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or make 70,000 trades a second... ♪ reach one customer at a time? ♪ how do you help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. and those well grounded. for what's around this corner... and the next. there's cash flow options from pnc. solutions to help businesses like yours accelerate receivables, manage payments, and help ensure access to credit. because we know how important cash flow is to reaching your goals. pnc bank. for the achiever in you. >>> i don't know. >> oh. okay. hi. stocktober. not too early to talk about halloween. do you remember when it was? 2009. 2009. 2009. going up 1 billion this year. t
. >>> october 3rd, 2008, the emergency economic stabilization act became law. it created the $700 billion t.a.r.p. program. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or make 70,000 trades a second... ♪ reach one customer at a time? ♪ how do you help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece?...
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it is part of a personal belief having come from the law enforcement and intelligence field i believe this is calculated action by iran to make sure that somebody else, the focus is on them as they continue to support these attacks. melissa: i guess although i mean, my bank is among the ones that have been attacked already. i didn't notice anything. i wasn't really inconvenienced. doesn't seem like they really had that much success thus far. is it good marketing if they're doing it and and customers are not seeing isn't maybe it slowed down your day a little but not really. >> you have to remember was it to actually take down the bank create greater awareness for them? this happened from the first attacks from garden hose to a fire hose. people learned from that. financial services sharing information put out information. dhs, u.s. secret service put out information. people have had a chance to deploy and create countermeasures to attacks. will not be successful the second time. question is what is definition of success. is it attack or marketing awareness there doing this? melissa: a
it is part of a personal belief having come from the law enforcement and intelligence field i believe this is calculated action by iran to make sure that somebody else, the focus is on them as they continue to support these attacks. melissa: i guess although i mean, my bank is among the ones that have been attacked already. i didn't notice anything. i wasn't really inconvenienced. doesn't seem like they really had that much success thus far. is it good marketing if they're doing it and and...
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this is again manipulating somehow the laws. now the bank unicredit has actually plea bargained and has paid 265 million euros. the fraud was for 245 million is what these defendants are being accused of. and the bank did it not because they admit to wrongdoing, but because they did say that was just going to be a very long and drawn out case that they didn't want to have to deal with. on so now these defendants, 19 plus profumo. he says there was no wrongdoing and he's waiting with confidence that the justice system takes its course. note just in a few days, he is expected to take on more responsibilities at his new job which is chairman at italy's oldest and most troubled bank. he will expand his duties so he's being closely watched right now. back to you. >> all right. that's the late he is out of the trial in milan. we'll take a short break. still to come, american golfers feeling a little blue after the european stage an amazing comeback in the ryder cup. we'll have more details and we'll be in chicago. we'll have more deta
this is again manipulating somehow the laws. now the bank unicredit has actually plea bargained and has paid 265 million euros. the fraud was for 245 million is what these defendants are being accused of. and the bank did it not because they admit to wrongdoing, but because they did say that was just going to be a very long and drawn out case that they didn't want to have to deal with. on so now these defendants, 19 plus profumo. he says there was no wrongdoing and he's waiting with confidence...
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but nothing like the law of unintended consequences. how lawyers are cashing in on the rise of the new consumer financial protection bureau. do you ever have too much money? apparently lawyers don't. ♪ want to try to crack it? yeah, that's the way to do it! now we need a little bit more... a little bit more vanilla? this is great! [ male announcer ] at humana, we believe there's never been a better time to share your passions... because the results... are you having fun doing this? yeah. that's a very nice cake! [ male announcer ] well, you can't beat them. [ giggles ] ohh! you got something huh? whoa... [ male announcer ] humana understands the value of spending time together that's a lot of work getting that one in! let's go see the birdies. [ male announcer ] one on one, sharing what you know. let's do it grandpa. that's why humana agents will sit down with you, to listen and understand what's important to you. it's how we help you choose the right humana medicare plan for you. because when your medicare is taken care of, you can s
but nothing like the law of unintended consequences. how lawyers are cashing in on the rise of the new consumer financial protection bureau. do you ever have too much money? apparently lawyers don't. ♪ want to try to crack it? yeah, that's the way to do it! now we need a little bit more... a little bit more vanilla? this is great! [ male announcer ] at humana, we believe there's never been a better time to share your passions... because the results... are you having fun doing this? yeah....
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Oct 5, 2012
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this is supposed to make people a lot of moo law. the only one problem, it doesn't. i call these kind of patterns love blankets. something to make you feel more secure. even as it's nothing more than a piece of clothe. like my baby when i was going out. give you comfort when there is no reason for it. nothing but a lovie blanket. check that. that's when the quarterback considers whom he should pass the ball to. >> hmm. >> i'm going to keep the ball myself. >> wow. >> ludicrous. okay. oops. here we go. ball, i'll just hold it. new york style and old london. here it is. always old london. a brand i know. american staples, particularly in the cramer house. i love this. i always have this. i have these in my closet. >> bagel crisps, and melba toast, which is what i feel like right now. greatest brand. j.j. flats, i'm j.j.c., these should be mine. i love these. >> i love melba toast. cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the gr
this is supposed to make people a lot of moo law. the only one problem, it doesn't. i call these kind of patterns love blankets. something to make you feel more secure. even as it's nothing more than a piece of clothe. like my baby when i was going out. give you comfort when there is no reason for it. nothing but a lovie blanket. check that. that's when the quarterback considers whom he should pass the ball to. >> hmm. >> i'm going to keep the ball myself. >> wow. >>...
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some republicans say the white house is bending labor laws for votes. senator john mccain is with us live. we'll talk about that and more with the last time presidential candidate on the gop side and the age old debate wall street bankers are they overpaid and are more cuts ahead. we got that and more top of the hour, jobs. >> sounds great. not often a finance minister is laughed at when tlifrg a speech but that's exactly what happened to spain's finance minister when he told a crowd in london that his country doesn't need a bailout. he was speaking to students at london school of economics and they chuckled at that. nevertheless the euro moving above 1.35 versus u.s. dollar. boris, good to see you. what do you make of the situation with the euro, with merkel going to greece next week, walking in to the lion's den. messy day. >> yes. but i think ultimately what you have to take away from this week is when draghi came out and said don't mess with me. basically there's a coalescing of ideas in the eurozone now around the ont and esm where most of the euro
some republicans say the white house is bending labor laws for votes. senator john mccain is with us live. we'll talk about that and more with the last time presidential candidate on the gop side and the age old debate wall street bankers are they overpaid and are more cuts ahead. we got that and more top of the hour, jobs. >> sounds great. not often a finance minister is laughed at when tlifrg a speech but that's exactly what happened to spain's finance minister when he told a crowd in...
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law and that the committee says it is referring the case to the fbi and the justice department. in a statement huawei says: the report released by the committee today employs many humors and speculations to prove nonexistence accusations. the integrity of huawei's operations and the quality and security of our products are world proven across 140 countries around the world, they are deployed by over 500 operators, and our products have served almost three billion people worldwide. zte has not responded to a request for comment. this report only recommends the government and businesses avoid these companies. to block them requires treasury's committee on foreign investment. treasury has failed to respond to repeated requests for comment there. analysts say the most significant damage to u.s. companies may come to their chinese operations. as that government may seek retaliation for what they perceive as election year slow economy politics. back to you. david: i love their line nonexistent accusations. the accusations exist. liz: yeah. david: it's whether the evidence exists to ba
law and that the committee says it is referring the case to the fbi and the justice department. in a statement huawei says: the report released by the committee today employs many humors and speculations to prove nonexistence accusations. the integrity of huawei's operations and the quality and security of our products are world proven across 140 countries around the world, they are deployed by over 500 operators, and our products have served almost three billion people worldwide. zte has not...
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enterprise law in china requires a kfc china or walmart china or cisco china or hauwei to allow for the existence of a communist party committee within the organization. hauwei, like these other companies, allows for that existence. the communist party committee doesn't have any interaction with or influence on our business operations. >> but it's alleged by our investigators that the company did not cooperate at all with the investigation. is that true? and if so, why not? if there's nothing to hide, if the company did nothing wrong, why not cooperate? >> oh, that's a great point. the company cooperated immensely. we hosted the staff in washington in december and then in china in february and members and staff in hong kong in may, with our ceo. we responded to multiple ent interrogatories, delivered reams and reams of paper. while we were with transparency and good faith, we got a book-long press release that launched the investigation last november. >> they go into quite a lot of detail in the report itself, and a lot of it, hauwei, they say, refusing to provide information that was r
enterprise law in china requires a kfc china or walmart china or cisco china or hauwei to allow for the existence of a communist party committee within the organization. hauwei, like these other companies, allows for that existence. the communist party committee doesn't have any interaction with or influence on our business operations. >> but it's alleged by our investigators that the company did not cooperate at all with the investigation. is that true? and if so, why not? if there's...
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still, many say the laws in d.c. need to be tighter to prevent the rich and powerful from getting even more rich. >> there is a reason why 7 of america's 10 weltiest counties are now in the halo of washington, d.c. but what do we know the line between absolute ethical violation and just good timing really? >> right now the laws are really about disclosure. there's not much preventing people from enacting or even proposing legislation that would benefit their companies. now when you look at this compared to the overall american millionaire population, as a group they didn't do that much better so it is hard to say this is proof that these guys are making money from their jobs in d.c. but clearly there needs to be better disclosure, not just disclosure but also rules saying you can't participate in legislation. how hard should that be? >> the story in the "washington post" suggested even when there may be a conflict of interest, the ethics panel is like -- they don't care. >> they don't police their own. as we saw with
still, many say the laws in d.c. need to be tighter to prevent the rich and powerful from getting even more rich. >> there is a reason why 7 of america's 10 weltiest counties are now in the halo of washington, d.c. but what do we know the line between absolute ethical violation and just good timing really? >> right now the laws are really about disclosure. there's not much preventing people from enacting or even proposing legislation that would benefit their companies. now when you...
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in fact, we have an emergency manager law used, but when it's used it's a major help to prevent bankruptcies and other challenges. that's also on the ballot. this would override that and leave us in a spot where communities might have bankruptcy as an option, and that's a very bad answer. >> governor, let me just ask you, what are the mechanics of this thing? in other words, if they get collective bargaining as a matter of state constitutional rights, does that undo all of your reforms as you call it to the michigan comeback? does that give the unions power even over the state legislature? is it that bad? >> it would in many aspects take us back in time and give a lot of power to unions in terms of the negotiating process and really wipe out a lot of benefits we have. we're the comeback state. we've gone through tough recessions before. we need to keep going. that's where i encourage our citizens to get out there look at the details of this and vote no on proposal two. >> will this bring out a bigger turnout? i've seen recent polls that show the state of michigan a toss-up between romney and
in fact, we have an emergency manager law used, but when it's used it's a major help to prevent bankruptcies and other challenges. that's also on the ballot. this would override that and leave us in a spot where communities might have bankruptcy as an option, and that's a very bad answer. >> governor, let me just ask you, what are the mechanics of this thing? in other words, if they get collective bargaining as a matter of state constitutional rights, does that undo all of your reforms as...
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the rule of law, the free market system, even with all the blemishes of the last few years, and then the ability to succeed and the vision of columbus and what we're doing here with this parade is to raise millions of dollars, which we do every year, and give it back to individuals that want to have an equal opportunity through school. we give that money to students, thousands of them, maria, and that's why i'm doing this. i want to continue to help contribute. >> you constantly give back. the money raised, $2 million for scholarships for students, for grammar school, high school, college. were you -- were you on the phone at all? were you checking in with the office? i mean, the market is open. you've got $36 billion in assets under management. how did you take the day off? >> it's never too late to give, so everyone that's listening today, you know, take some of that capital gains and give it to a charity you like and make sure it's focused on education and whatever else you're passionate about. that's what counts. >> let me ask you about -- >> and better than -- yeah. >> let me as
the rule of law, the free market system, even with all the blemishes of the last few years, and then the ability to succeed and the vision of columbus and what we're doing here with this parade is to raise millions of dollars, which we do every year, and give it back to individuals that want to have an equal opportunity through school. we give that money to students, thousands of them, maria, and that's why i'm doing this. i want to continue to help contribute. >> you constantly give...
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they claim, at least, that huawei may be in violation of certain laws. we'll see. again there is a great deal of conjecture in today's report but you you need to sort of connect the dots to really get to the final conclusion that says, hey, these guys are really bad guys. that being said, it's a huge issue between the united states and china. not that we don't have many of them. we also talked to chairman rogers about that as well this morning. they are, as we all know, one of the largest holders of our debt. they are one of our largest trading partners. but this is an issue that many feel need to be elevated to that same level of importance when we talk to chinese leaders. >> david, thank you so much. bob, down to you. >>> there are several big american tech companies who are watching this showdown very closely with china. tech correspondent jon fortt in silicon valley looking at which companies stand to win and lose in all this. >> bob, the biggest, most obvious winner here is cisco because that's huawei's arch enemy in the networking space. cisco has accused the
they claim, at least, that huawei may be in violation of certain laws. we'll see. again there is a great deal of conjecture in today's report but you you need to sort of connect the dots to really get to the final conclusion that says, hey, these guys are really bad guys. that being said, it's a huge issue between the united states and china. not that we don't have many of them. we also talked to chairman rogers about that as well this morning. they are, as we all know, one of the largest...
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from lori, with gas at over 4 bucks a gallon and laws working to protect our environment, could we start drilling in the u.s. rather than buying outsourced oil. linda, what do they plan to do about the deadly problem of gun violence in this country, how to make it harder for dangerous people to get them. thanks for your comments. facebook.com/carolcnn if you want to continue the conversation. i'm carol costell you. thank y thank you for being with me. "cnn newsroom" continues now with ashleigh banfield. >>> most important, anticipation of the first face-off is a mile high. in ten short hours, the president and his republican challenger are going to share this stage for 90 minutes of give and take on issue number one. and a few other domestic policy flashpoints as well. the economy is due to take up three of the six segments that are laid out for tonight, with one segment each devoted to health care, the role of government and leadership/governing style. and by a pretty wide margin going in right now, the voters expect president obama is going to outdebate his opponent, but both men have
from lori, with gas at over 4 bucks a gallon and laws working to protect our environment, could we start drilling in the u.s. rather than buying outsourced oil. linda, what do they plan to do about the deadly problem of gun violence in this country, how to make it harder for dangerous people to get them. thanks for your comments. facebook.com/carolcnn if you want to continue the conversation. i'm carol costell you. thank y thank you for being with me. "cnn newsroom" continues now with...
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flagrant violations of law here, misrepresentations to investors. representations they were conducting what they call a robust and intense due diligence process were all a slam. they didn't have effective due diligence process. we have internal documents reflecting that. melissa: that is new york attorney general eric schneiderman. i spoke with him about the new lawsuit he brought against jpmorgan over the financial crisis. we have more in a moment. charlie gasparino is here with breaking news on this story. here's what is also money tonight. president obama and mitt romney getting ready to face off in the first presidential debate. one man who didn't get an invitation? libertarian presidential candidate, gary johnson of the he will join us here live. >>> plus an influential coal miners union says it won't endorse president obama's slamming the administration's war on coal. will ts be a deciding factor in the election? >>> houses of millionaires collecting unemployment checks? does that make sense to you? even when they say it's not it is always abo
flagrant violations of law here, misrepresentations to investors. representations they were conducting what they call a robust and intense due diligence process were all a slam. they didn't have effective due diligence process. we have internal documents reflecting that. melissa: that is new york attorney general eric schneiderman. i spoke with him about the new lawsuit he brought against jpmorgan over the financial crisis. we have more in a moment. charlie gasparino is here with breaking news...
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Oct 1, 2012
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the labor department is asking defense company ceos to delay notifying employees, even though the law dictates that they must. and today lockheed martin says it won't issue layoff notices before the election as it had planned to do. . it said it receivered assurances from the white house that the money would not be cut in january. how is that possible? aren't the costs mandatory if we hit the fiscal cliff? well, yes, but the administration could prioritize based on any criteria it chooses. perhaps it will make sure funds go to ensure that thousands of lockheed employees in northern virginia, a key swing state won't lose their jobs. but contract in states like georgia or alabama, well, those assurances may not come. that's just my observation. before we go, that will do it for the "closing bell" today. the market, of course, higher at the close but off of the best levels of the afternoon. hope you'll follow me on twitter and
the labor department is asking defense company ceos to delay notifying employees, even though the law dictates that they must. and today lockheed martin says it won't issue layoff notices before the election as it had planned to do. . it said it receivered assurances from the white house that the money would not be cut in january. how is that possible? aren't the costs mandatory if we hit the fiscal cliff? well, yes, but the administration could prioritize based on any criteria it chooses....
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they have to have an idea of what they're getting in a law. that's so important for milt romney in a debate. he has to bring people, he has to bring heart to supply side politics and that's what happened. this is the most important day in mitt romney's life, there's no question, david's going to remind us that obama is leading in the polls, this is really make or break. do you think romney will do it? do you expect to hear a sharp, clear message on lowering middle class tax rates, and do you think he'll do it? and a pro growth package. >> i these he'll make a passioned plea for the economic tax cuts he's already talked about. i don't think he's going to pound home that message. i think paul ryan did. maybe you'll see more from paul ryan in the vice presidential debate. i think he's going focus on regulation and all that stuff. >> let me ask you, a built of a warning to you. >> i will not gloat. i will never gloat. >> you may be right and that's okay. romney took a machete and lifted newt gingrich's head off. and later on romney took maybe a di
they have to have an idea of what they're getting in a law. that's so important for milt romney in a debate. he has to bring people, he has to bring heart to supply side politics and that's what happened. this is the most important day in mitt romney's life, there's no question, david's going to remind us that obama is leading in the polls, this is really make or break. do you think romney will do it? do you expect to hear a sharp, clear message on lowering middle class tax rates, and do you...
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Oct 3, 2012
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i would suggest to him or pose the question he sasz he's followed the law to the letter of the law in terms of paying his taxes, but so do the 47%. so why is it that it's okay for him but it's not okay for them. and i would also love to do a little compason with how much money he's actually saved versus that 47% gets in that earned income tax credit and let's just compare who's really getting the sweeter deal there. >> i think if there's just one question, i guess i would like to hear if you gave john mccain a dozen or more tax returns in order to be vetted for him, why wouldn't you give us those tax returns to vet you for the possible presidency. that's what i think the audience could follow. >> absolutely. i think that's what a lot of people are thinking. what is the big deal? why not just show us? and i also think it's a bit of malpractice the way his team has miscalculated how this story would play out. >> and paul ryan had to give ten years of his returns to romney. >> right. thank you both for joining me tonight. >> thanks. >> coming up. the republican voter suppression strategy
i would suggest to him or pose the question he sasz he's followed the law to the letter of the law in terms of paying his taxes, but so do the 47%. so why is it that it's okay for him but it's not okay for them. and i would also love to do a little compason with how much money he's actually saved versus that 47% gets in that earned income tax credit and let's just compare who's really getting the sweeter deal there. >> i think if there's just one question, i guess i would like to hear if...
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. >> enterprise law requires a kfc china or walmart china or a wow way to allow for the existence for a communist party committee within the organization. like the other companies, they allow for that existence. the communist party committee doesn't have any interaction with or influence on our business operation. >> both companies continue to insist their equipment is safe and poses no threat to u.s. tell wh telecom structures. joining us is director of global risk analysis for asia pacific. dean, are these concerns the u.s. is raising valid? >> well, i think some of them are. if you looked at the report, there were a number of issues that were raised. ip loss, protection of intellectual property, trading with sanction country including iran, business practices. but really the one underlying all of this explicit or otherwise, implicit, is the security of the actual systems that wow way or zte might be selling in to the united states. and that really comes back to a trust factor and transparency of the organizations themselves. which they've been trying for many years now to improve,
. >> enterprise law requires a kfc china or walmart china or a wow way to allow for the existence for a communist party committee within the organization. like the other companies, they allow for that existence. the communist party committee doesn't have any interaction with or influence on our business operation. >> both companies continue to insist their equipment is safe and poses no threat to u.s. tell wh telecom structures. joining us is director of global risk analysis for...